On October 28, Yili co., Ltd. released the performance report for the first three quarters of 2021, and the company's total operating income reached 85.007 billion yuan, an increase of 15.23% year-on-year; net profit was 7.967 billion yuan, an increase of 31.82% year-on-year. Not only did both revenue and net profit reach new highs, but the profit growth rate of more than 30% exceeded market expectations. It is worth noting that the company's net profit in the first three quarters has surpassed the net profit of the whole year last year, showing a new growth trend.
The performance growth that has repeatedly exceeded expectations has once again verified the strength and strategic direction of the big white horse of Yili shares. Yili, which continued to achieve high-level and high-quality growth in the first three quarters, led China's dairy industry into the "post-100 billion era". After successfully entering the top five of the global dairy industry in 2020, Yili, which is "led by high goals", has set the medium- and long-term goals of "2025 Global Top Three" and "2030 Global First".
How do you go from victory to victory and finally to the top? As the helmsman who led Yili all the way to upgrade, Pan Gang, chairman of Yili Group, already has a clear roadmap. "In the future, Yili will increase its resource investment in the tracks that represent new consumer trends, and each track should be the best." The Group will also accelerate its digital transformation and accelerate the overall operational efficiency of the Group to achieve our strategic objectives. From the information presented in this third quarterly report, it can also be seen that Yili's path to achieve its goals has been very clear.